Environmental & Energy,
Civil Litigation
Oct. 5, 2021
Oil company says ship traffic jam may be culprit in spill
Potential legal actions are also clearly scaring investors of Amplify Energy Corp., which owns the oil platform, known as Elly, in Long Beach. Amplify Energy shares sunk 50% Monday. Beta Operating Co., a subsidiary of Amplify Energy, operates the pipeline.
Litigation and government penalties are on the horizon for operators of an offshore platform that dumped more than 126,000 gallons of crude oil off the Orange County coast over the weekend, closed beaches and canceled the final day of the Pacific Air Show.
Potential legal actions are also clearly scaring investors of Amplify Energy Corp., which owns the oil platform, known as Elly, in Long Beach. Amplify Energy shares sunk 50% Monday. Beta...
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